Sunday, April 17, 2011

Anytime someone "hot money, asks a share of stock that is sure to be mentioned in conversation True Religion (TRLG) is. I agree that True Religion is a wonderful success story will be the first. It was a struggling textile maker when some Hollywood stars started wearing the line.

True Religion became a success almost overnight as the increased demand for its products and the big department stores began a large stock orders. Only about 18 months after the Hollywood stars were seen wearing clothing line, it's a lowly penny stock trading at $ 0.67/share from moving on to more prestigious NASDEQ and value to a whopping $ 24 / share growing in the left. In fact, it reached around $ 32/share. Wow! It was a fairy tale come true - a 4538% profit - every investor's dream!

But ... Here's the problem (and where lessons) begins:

True Religion hypsters amazing success story was the prime choice. They share the pink sheets or bulletin board and the fact that some Hollywood stars to wear the clothes were starting point for business with a hot, trendy clothing company will take. For use by people they believe were going about their companies to "Search" razzle dazzle potential investors and the stock was to blast off and become the next True Religion. Hot penny stocks he was billed as the hottest.

The formula was frequently used to fool investors.

There "fashionable" area that has been promoted using essentially the same message to many penny stocks were hyped up. These small fashion companies Inca (IDGI.PK) Design and lyrics Jeans (LYJN.PK) are included.

You probably know where this is going. Not to let their stock price as predicted by all self hypster "experts." In fact, they now subpennies the business - these are stocks that at least one cent per share over the business! Many a poor soul, your entire investment cost of these shares.

There was also Horiyoshi (HHWW) worldwide and sub-caste (SUUB) brand, which includes heavily promoted "Whiteboy Clothing." Both of these penny stocks were also heavily considered "the next true religion." They do not the campaign and today they share a dollar / (about half a dollar) at the business had to keep up. Hey, at least they did not leave subpennies!

And get this ... To promote the Worldwide Horiyoshi claim for benefits were going to be larger than true religion. He claimed that the said Horiyoshi Worldwide already a "proven track record, was" contrary to true religion before it took off. They are saying on the basis of the claim is "Horiyoshi tattoo inspired artwork is a very special, very successful multi-million dollar manufacturing giant apparel company Affliction T-shirt line was used to." In retrospect, it seems obvious that they apples and oranges comparison, but the way they were spun it, you might have thought that they move you to the evidence the stock was about to give was.



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